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Which of the following formulas will allow you to determine how many years it will take to quadruple your savings at 11% compounded quarterly if

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Which of the following formulas will allow you to determine how many years it will take to quadruple your savings at 11% compounded quarterly if the initial investment is $3,000? 1 A Present Valuc Future Value Interest Rate Compounding Frequency Number of Years B $3,000 S12.000 11% 2 3 4 4 S 2 -NPERB3,0, B1, B2, 0) NPER(B3/B4, 0.-B1, B2.0)/B4 NPERB3/B4,0.-B1, B2, 0/B4 =NPER/B3 B4,0.-B1, B2.0)

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